Business at OECD (BIAC)

🗣️ Our members are participating in our Annual Consultation with OECD - OCDE Leadership & Ambassadors, including their SG Mathias Cormann. Our Chair Charles (Rick) Johnston called on the #OECD to deliver #prosperity through economic #cooperation. 🔎 Our paper ➡️ https://lnkd.in/dXqqK4vY

🗣️ Today, The Rt Hon. Baroness Theresa May spoke at the OECD - OCDE’s Forum on Countering Illicit Trade. We support her call for further public-private collaboration to combat convergent crimes & we look forward to further collaboration with the #OECD on this. 🔎 Our work ➡️ https://lnkd.in/eAPra7er

TBML is a cross-jurisdictional and threat multiplier. TBML is broadly defined as the process of disguising the proceeds of crime and moving value through the use of trade transactions in an attempt to legitimate their illicit origins. TBML is often converges with other types of crime, such as illicit trade, drug-trafficking, human trafficking, counterfeiting, terrorism financing, corruption, illegal tobacco trade, and the smuggling and trafficking of other illicit goods and contraband. While there are no official statistics on the scale of TBML globally, according to numerous studies, it is estimated at several hundreds of billions of dollars every year. Another great day (Day 3) representing and supporting our business and industry members from Business at OECD (BIAC) and United States Council for International Business (USCIB) at the OECD - OCDE - OCDE Working Party on Countering Illicit Trade (WP-CIT), and at the 1st OECD Forum on Countering Illicit Trade. At today’s Forum's Strategic Dialogue: "Trade-Based Money Laundering: Trends and Global Challenges", it was an honor to moderate a super session with a distinguished group of leading AML/TBML officials and experts examining the growing illicit trade and criminal threats and challenges: Michael Morantz, Marco B., Yevheniy Umanets, Leonor Sanhueza Arancibia. Given the complexity of TBML, it requires public-private partnerships and international cooperation across sectors and communities. This may include: greater OECD WP-CIT and Financial Action Task Force (FATF) cooperation and synergies, along with other partners, to counter illicit trade and predicate crimes of money laundering and TBML including in Free Trade Zones (FTZs). UNODC World Customs Organization INTERPOL Also great to see our BIAC and USCIB member, Amazon, Kebaru Smith, Director Associate General Counsel, Amazon Counterfeit Crime Unit (CCU) participate in the Strategic Dialogue on "Public-Private Partnerships: A Path to Mitigate Illicit Trade". Excellent to hear Baroness Theresa May, Chair of the Global Commission on Modern Slavery, Former UK Prime Minister emphasize the importance of fighting corruption in countering human trafficking, and taking a threat convergence framework to dismantle the global ecosystem of criminality and illicit economies. #illicittrade #threatconvergence #tbml #moneylaundering #freetradezones

🤝 In the margins of the OECD - OCDE’s Forum on Countering #IllicitTrade, our Executive Director Hanni Rosenbaum met with TIC Council’s DG Hanane Taidi. We discussed common priorities, including our work on anti-illicit trade & enhancing transparency in #freetrade zones. 🔎 Our work ➡️ https://lnkd.in/eAPra7er

📈 OECD Economy released its Interim #EconomicOutlook calling for ambitious structural reforms to drive #growth. We support the OECD - OCDE's objectives to cut red tape, enhance skills & make our markets more competitive. 🔎 Read the #OECD's report here ➡️ https://lnkd.in/digrghai

Congratulations to Business at OECD (BIAC) for a productive day at the OECD - OCDE Forum on Countering Illicit Trade. Great for our Chief Analyst, Rich Corken to join a panel discussion on the use of data in understanding illicit trade. EU Trade, Eidgenössisches Institut für Geistiges Eigentum, EUIPO - European Union Intellectual Property Office, Novartis

Yesterday, I was pleased to present several proposals on behalf of Business at OECD (BIAC) members to help advance the OECD Trade and Agriculture's work and enhance the evidence-basis for countering #IllicitTrade. This was a key example of Business at OECD (BIAC)'s role as the voice of the private sector at OECD level, highlighting how industry can advise and partner with governments to tackle global economic challenges.

Falsification of medical products is a form of illicit trade that poses a significant threat to personal and public health. Novartis program on Combating Falsified Medicines aims at protecting patients’ safety and is one of the significant parts of our corporate governance and reporting. Read more on Novartis' position here: https://lnkd.in/gQ-9bqxQ I was grateful to participate in the 1st OECD - OCDE Forum on Countering Illicit Trade, where I presented an introductory keynote at the panel »Understanding Illicit Trade: Data, Evidence and Challenges«: - Novartis is, along with other pharmaceutical companies, actively involved in monitoring and forensic testing to provide actionable intelligence to authorities, ensuring that serious patient safety impacts are identified and addressed. - Collaboration between the public and private sectors is essential. It promotes collective action by combining efforts for data collection and sharing.   I would like to thank the OECD's Working Party on Countering Illicit Trade, Business at OECD (BIAC)'s Anti-Illicit Trade Expert Group, and the Transnational Alliance to Combat Illicit Trade. This effective public-private dialogue has resulted in impactful policy recommendations and tools such as the TRACIT Illicit Trade Index and the OECD Free Trade Zone Certification on combating illicit trade. #illicittrade #oecd #ethicaleadership Simona Seikyte Rich Corken Hansueli Stamm Nathan W. Stanislas Barro Warda Duale, MSc, CFE Barbara Badoino Franziska Janorschke Pavel Petrov Shefali Kothari Brett Hudson Jela Zdolsek Ben Kaye-Smith Ann-Charlott Biedermann Mitja Kandare Gabriella Messinese Philipp Dederichs Max Jablonowski Piotr Stryszowski Simon Nowack

🧱 Our Executive Board Member & Novartis’ Klaus Moosmayer spoke at the OECD - OCDE’s Forum on Countering Illicit Trade on "Understanding #IllicitTrade: Evidence, #Data, & Measurement Challenges". He joined EU Trade’s Simona Seikyte, Intellectual Property Office UK’s Rich Corken, Swiss Federal Institute of Intellectual Property IGE IPI’s Hansueli Stamm, & EUIPO - European Union Intellectual Property Office’s Nathan W., where he underlined that data needs to be trustworthy & readily-available, as well as the importance of enhancing trust between governments & business. 🔎 Our work ➡️ https://lnkd.in/eAPra7er

An honor representing our business and industry members from Business at OECD (BIAC) and United States Council for International Business (USCIB) at the OECD - OCDE Working Party on Countering Illicit Trade (WP-CIT), and at the 1st OECD Forum on Countering Illicit Trade. At today’s Forum's Strategic Dialogue: "IllicitTrade in a Fragmented World, Geopolitical Drivers and Global Risks", it was a pleasure being a panelist with other distinguished officials and experts to discuss an array of security challenges and vectors driving Illicit trade in our global economy, markets, and modern supply chains: Julia Nielson; Ambassador HE Ximo Puig; WCO Deputy Secretary General Ricardo Treviño Chapa; Dr. Louise Shelley; and Tuesday Reitano. World Customs Organization Anti-Illicit Trade Institute (AITI), Terrorism, Transnational Crime and Corruption Center (TraCCC) Terrorism, Transnational Crime, and Corruption Center (TraCCC) Global Initiative against Transnational Organized Crime #threatconvergence #threatintelligence #strategicforesight #Illicittrade #corruption #organizedcrime #GPC #globaltrade #publicprivatepartnerships #OECD